Oyster Bay is a mid-sized suburb in New South Wales within the Sutherland Shire local government area (postcode 2225). With a population of 5,689, the suburb has an established demographic with a median age of 40. Households earn a median income of $163K per year, with an average household size of 3.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Oyster Bay is $1.5 million, having dropped significantly 24.3% over the past year. Units have a median price of $1.3 million (-0.1% YoY). The current median weekly rent is $1050. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $3,190.
Oyster Bay is served by 1 school, including 1 primary. The average ICSEA score is 1098, which is above the national average of 1,000. Public transport access includes 32 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.
From an investment perspective, Oyster Bay offers a gross rental yield of 3.8%, rated as moderate yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 8.9x is considered moderate. House prices have moved -24.3% year-on-year.
Oyster Bay is a mid-sized suburb in New South Wales within the Sutherland Shire local government area (postcode 2225). With a population of 5,689, the suburb has an established demographic with a median age of 40. Households earn a median income of $163K per year, with an average household size of 3.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Oyster Bay is $1.5 million, having dropped significantly 24.3% over the past year. Units have a median price of $1.3 million (-0.1% YoY). The current median weekly rent is $1050. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $3,190.
Oyster Bay is served by 1 school, including 1 primary. The average ICSEA score is 1098, which is above the national average of 1,000. Public transport access includes 32 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.
From an investment perspective, Oyster Bay offers a gross rental yield of 3.8%, rated as moderate yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 8.9x is considered moderate. House prices have moved -24.3% year-on-year.